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Ladbrokes Launch Financial Spread Betting |
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Ladbrokes, one of the world’s leading betting and gaming companies, today announced the launch of a new, unique financial spread betting service on its website - Ladbrokes.com.
The Ladbrokes Financial Spreads offering, developed in conjunction with WorldSpreads, is unique as it operates on a dual platform giving both new and experienced spread betting customers the option of using a service specifically tailored to their needs.
Unlike certain other regular spread betting services Ladbrokes Financial Spreads offers new spread bettors the assurance of limiting their losses to the amount they have deposited in their Ladbrokes account by using the “Standard Platform”. Other advantages of the Standard Platform include free guaranteed stops, spreads as low as 1 point and the ability to buy or sell movements such as the day change on any one of the 18 most popular indices and currencies including UK100, Dax, Wall Street and Nasdaq.
An experienced spread bettor can switch to the “Advanced Platform” which has features including Trailing Stops to enable automatic management of your account. The Advanced Platform also enables spread bettors to trade using “Contingent Orders” where a trade is not activated until another separate order is executed (for example a buy order is not triggered until a separate sell order is completed). With the Advanced Platform a spread bettor can also be both long and short in the same market at the same time. The range of markets also extends beyond the leading indices to stock prices of the UK top 100 and 250 as well as leading Irish, European, US and South African companies. It is also possible to bet on the futures of these markets.
Ladbrokes has over 765,000 active customers on its sportsbook and the new spread betting service is aimed at appealing to these customers as well as new customers seeking an easy to understand financial spread betting service.
John O’Reilly, MD, Ladbrokes Remote Betting and Gaming said, “Ladbrokes customers now have the option of spread betting using a choice of platforms tailored to their level of experience and knowledge. We are committed to offering our customers the widest possible range of betting and gaming opportunities and financial spread betting is the latest demonstration of that commitment.”
Ladbrokes offers a single online wallet across sportsbook, casino, poker, bingo and financial spreads. As such money can be placed in a financial spread betting account at all times, not just when markets are open. Ladbrokes Financial Spreads is also offering customers up to £300 cashback on net losses made in the first 8 weeks of opening a spread betting account.
Ladbrokes Financial Spreads is a trading name of WorldSpreads Ltd. WorldSpreads Ltd is authorised and regulated by the Financial Services Authority under registration No: 230730.
Spread betting is a leveraged product. It carries a high level of risk to your capital and, as it is possible to lose more than your initial investment, it may not be suitable for all investors. Therefore, ensure you understand the risks involved and seek independent advice if necessary. The tax treatment of spread bets may be subject to change in the future
Spread Betting Companies
For more spread betting company reviews please see: Spread Betting Companies.
With financial spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital. Please familiarise yourself with the risks that are involved and before trading, ensure that financial spread betting matches your investment objectives. Seek independent advice where necessary.
Ladbrokes Launch Financial Spread Betting - edited by MJ, 28 September 2010.
For related pages and articles see:
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Ladbrokes Launch Financial Spread Betting - review last updated: 28 September 2010
Ladbrokes have announced the launch of a new, unique financial spread betting service. The Ladbrokes Financial Spreads offering operates on a dual platform giving both new and experienced investors the option of ...more: Ladbrokes Launch Financial Spread Betting.
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With spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital so please familiarise yourself with the risks that are involved and, before trading, ensure that spread betting matches your investment objectives. Seek independent advice where necessary.
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* Based on current UK tax law. Tax law may change and can differ depending on your personal circumstances.
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